1OZ GOLD BAR โ APRIL 15, 2025
๐ช 99.99% Purity ยท GST/HST-exempt ยท RRSP/TFSA: Yes
On Tuesday, April 15, 2025, the 1oz Gold Bar was priced at C$4,585.84 in Canadian Dollars. This included the spot price of C$4,473.99 plus a typical dealer premium of C$111.85 (2.5% over spot). Gold rose C$27.68 (+0.62%) from the previous session.
1oz gold bars are produced by refiners worldwide, including the Royal Canadian Mint, PAMP Suisse, and Valcambi. Canadian investors favour bars from LBMA-approved refiners, which ensure quality and resale value. Investment-grade gold bars with 99.5%+ purity are GST/HST-exempt and eligible for RRSP/TFSA registration in Canada.
In 2025, gold in CAD traded between C$3,809.34 and C$6,192.19, with an annual average of C$4,811.55. This day's price was -7.0% below the yearly average and -27.7% from the year's high.
PRICE BREAKDOWN
| Component | CAD |
|---|---|
| Gold Spot (XAU/CAD) | C$4,473.99 |
| Premium (2.5%) | +C$111.85 |
| 1oz Gold Bar | C$4,585.84 |
| Per Gram | C$147.44 |
CANADIAN DEALER PRICES โ APRIL 15, 2025
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco | C$4,538.99 | C$65.00 |
| Sprott Money | C$4,551.99 | C$78.00 |
| SilverGoldBull | C$4,528.99 | C$55.00 |
| TD Precious Metals | C$4,568.99 | C$95.00 |
| Royal Canadian Mint | C$4,583.99 | C$110.00 |
| Border Gold | C$4,543.99 | C$70.00 |
๐ Market Analysis โ April 15, 2025
โ Frequently Asked Questions
โ Can I hold gold in my RRSP or TFSA?
Gold bars and coins with 99.5%+ purity from approved refiners can be held in a self-directed RRSP or TFSA through a qualified custodian. Storage is handled by approved vault facilities like those operated by the Royal Canadian Mint.
โ Is this product GST/HST-exempt in Canada?
Under the Excise Tax Act, investment-grade gold bullion with 99.5% or higher purity is exempt from GST/HST across all Canadian provinces. Products below this threshold (e.g., American Eagle at 91.67% gold) are subject to full provincial sales tax.
โ How should I store gold safely at home?
If storing at home, use a UL-rated fire-resistant safe bolted to concrete. Consider a rider on your home insurance policy. For larger holdings, allocated vault storage through Kitco Pool or Sprott Money provides institutional-grade security.
๐ก Canadian Gold Investor Guide
Storage Considerations: Home safe (for holdings under C$50,000), bank safe deposit box (limited insurance), or allocated vault storage through dealers like Kitco or Sprott Money (institutional security, insured). Each option involves different cost, convenience, and risk trade-offs.
Dollar-Cost Averaging (DCA): Buy a fixed CAD amount of gold each month โ say C$500. This strategy reduces the impact of short-term volatility and removes the stress of timing the market. Over 10+ years, DCA has historically produced returns close to the annual average gold price.
โ๏ธ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$4,585.84 |
| Per Gram | C$147.44 |
| Per Kilogram | C$147,437.97 |
| Per Pennyweight (1.555g) | C$229.29 |
| Per Tola (11.66g) | C$1,719.69 |
๐ Learn more: How to Buy Gold in Canada ยท Gold Tax Guide ยท 25 Year Price Analysis ยท All Guides